Archive for the ‘Technical Times’ Category
Squawk Morning Briefing: More News
We’re heading into some news again with Non-Farm Payrolls due out on Friday and an advance peek via ADP this morning. The market has not yet tipped its hand as to whether the decline since mid-September will be impulsive or not and the reaction to news might cause the market to commit one way […]
Don’t Get Fooled By Options Probabilities
Lately I have been seeing more and more newsletter authors beginning to offer options advice. Often I find them advocating a trade by suggesting it is likely to succeed because it has a certain probability of success. If a trade is touted as having a 91.3% chance of success it might seem attractive, but are […]
Squawk Morning Briefing: All Clear for Bulls?
We know what the pattern should look like if the high is in for the S&P 500 and so far it doesn’t look like we’re seeing it. That suggests that we may likely see at least one more new high in the index, if not more. We dig into the details of the […]
Squawk Morning Briefing: Nothing To See here
Monday was a dull day with a 27 point range in the DJIA and very little movement to suggest any change to our outlook in any of the markets we cover. Again today we have one video to update all of the markets but we’re not expecting today’s action to do much more in […]
Squawk Morning Briefing: Look to What They Do Not What They’re Saying
Conventional wisdom seems to be developing that the sell-off since Thanksgiving has been in anticipation of a possibility that FOMC announces the start of tapering today. The crowd also seems to anticipate the sell-off continuing should they actually reduce their bond buying and that equities will head back up should they continue the current […]
Squawk Morning Briefing: Waiting on FOMC?
Much is being made about the importance of this week’s FOMC meeting. We know the market’s tendency to want to leave room to move either direction ahead of these sorts of events. If that is the plan this time around then we might see more subdued action today to leave things in a […]
Squawk Morning Briefing: Trouble Trading
There’s no denying that prices are in a downtrend from September highs in U. S. equities. What is more elusive is a clear pattern to that decline. The count in the YM suggests that a bounce could be due after a move to new lows for the decline. Meanwhile the view of […]
Squawk Morning Briefing: Quintuple Witching?
Today is different from a typical quadruple witching. Normally, the quarterly event would see traders needing to settle up on their holdings of stop options, index options, index ETFs, and single stock futures. This time around, they also have to deal with a change in the makeup of the DJIA following the close […]
Squawk Morning Briefing: What Else Matters?
At this point, it seems like all eyes are on the FOMC policy statement later today. Likely, nothing will be decided in the markets prior to the announcement.
Squawk DJIA Briefing for 9/18/2013
Below is our evening update for the DJIA. Tomorrow morning we will update the outlook for the other markets we cover.